Description
Under contract-accepting backup offers. 1580 Arizona Ave NE, St. Petersburg, FL 33703 presents a rare redevelopment opportunity in the heart of Shore Acres, one of the most desirable coastal neighborhoods in St. Petersburg, Florida. This oversized lot spans approximately 0.2645 acres (11,525 square feet) and is located on a uniquely private, ultra-quiet block shared by only three residences. Just moments from the iconic Snell Isle Bridge and a short drive from vibrant Downtown St. Petersburg, this property is ideally positioned for long-term value and custom home development. The existing flood-damaged, legacy wood-frame home offers a blank slate for builders, developers, or end users seeking to create a custom residence in a high-demand neighborhood. With active redevelopment occurring throughout the area, this parcel provides a prime opportunity to capitalize on the continued growth of the St. Petersburg real estate market. Shore Acres is a scenic waterfront community known for its tranquil canals, lush landscaping, and active neighborhood lifestyle. Residents enjoy access to the newly renovated Shore Acres Recreation Center, local parks, and nearby boat launches that highlight the area’s strong connection to Tampa Bay’s coastal environment. The neighborhood’s peaceful atmosphere and proximity to top schools make it especially appealing for families and professionals alike. Immediately to the west, Snell Isle offers a more elevated luxury experience. Home to the prestigious Vinoy Golf Club, stately waterfront homes, and manicured streets, Snell Isle is one of the most sought-after residential enclaves in the city. This enviable location places you just minutes from the restaurants, museums, art galleries, and cultural attractions of Downtown St. Pete, including the St. Pete Pier and the Salvador Dalí Museum. Recognized as one of the fastest-growing cities in Florida, St. Petersburg blends a laid-back Gulf Coast lifestyle with the sophistication of a vibrant arts a